Market Analysis: Global Sack Kraft Paper Market
Global Sack Kraft Paper Market is expected to rise to an estimated value of USD 44.96 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growing demand for products for packaging having high strength, durability and providing other various features such as printability, porosity and others.
Sack Kraft Paper market research report contains complete background analysis of industry, which includes an assessment of the parental market. The base year for calculation in the report is taken as 2017 whereas the historic year is 2016 which will tell you how the Sack Kraft Paper market is going to perform in the forecast years by informing you what the market definition, classifications, applications, and engagements are. Furthermore, it works to determine the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market.
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Key Market Competitors / Top Key Players
- WestRock Company,
- Nordic Paper,
- BillerudKorsnäs, Canfor,
- Segezha Group,
- Natron-Hayat d.o.o.,
- Canadian Kraft Paper Ltd.,
- Georgia-Pacific LLC,
- Smurfit Kappa
- International Paper,
- Forest Company,
- SCG PACKAGING,
- Oji Holdings Corporation
- Tokushu Tokai Paper Co., Ltd.,
- Fujian Qingshan Paper Co., Ltd.,
- COPAMEX, Primo Tedesco S.A.
Global Sack Kraft Paper Market: Definition
Sack kraft paper can be segregated as the paper category that is created from specialised chemical pulp obtained during the kraft process. The paper obtained from this process is utilized for making paper or paperboard having features such as high levels of elasticity, resistance against tearing, highly porous nature. All of the combined features together give rise to its application in manufacturing of packaging products which require high levels of strength and durable nature.
Global Sack Kraft Paper Market: Market Drivers
- Increasing concerns for the environment resulting in greater demand for eco-friendly packaging solutions
- Significant growth undergoing in the building & construction sector is also expected to boost the adoption rate of the market
- Presence of stringent regulations and banning of plastics use in various developed countries is also expected to boost the adoption rate
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Global Sack Kraft Paper Market: Market Restraints:
- Requirement of large scale deforestation for the manufacturing of the product are factors restricting the growth of the market
- Availability of alternative packaging solutions such as flexible IBCs, bulk bags, plastic materials is also expected to restrain the growth of the market
Global Sack Kraft Paper Market: Report Segmentation
By Color Grade
(Kraft, Semi-Extensible, Extensible, Others),
(Open Mouth Sack, Valve Sack, Others),
(Cement & Building Materials, Chemicals, Agrochemicals, Animal Feed & Pet Food, Food, Others),
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Global Sack Kraft Paper Market: Key Developments in the Market
- In November 2018, West Rock Company announced that they had completed the acquisition of KapStone Paper and Packaging Corporation. Once integrated into West Rock’s business they will be able to provide greater opportunities and solutions relating to the paper and packaging offerings. This acquisition will also improve the presence of West Rock Company in the United States region providing greater revenue streams.
- In November 2016, Tolko Industries Ltd. announced that they had completed the sale of their pulp, paper and sawmill production site situated in Manitoba, Canada to Canadian Kraft Paper Ltd. Canadian Kraft Paper Ltd. will also acquire the employees of the mill and will help in keeping the mill operational
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
Global Sack Kraft Paper Market: Competitive Analysis
Global sack kraft paper market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sack kraft paper market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global Sack Kraft Paper Market: Key Insights in the report
- Complete market analysis and forecasting
- Market definition, understanding the concept of sack kraft paper
- Market drivers and restraints of the industry
- Market segmentations and market share divided amongst them
- Key players in the market and their analysis
Major Insights of the Report
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Global Sack Kraft Paper Market.
- To gain insightful analyses of the market and have a comprehensive understanding of the “Global Sack Kraft Paper Market” and its commercial landscape
- Market estimates of all the key segments, sub-segments, and the regional markets throughout the forecast period
- Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Global Sack Kraft Paper Market
- To understand the future outlook and prospects for Global Sack Kraft Paper Market analysis and forecast 2019-2026.
Table of Content:
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Production by Regions
5 Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Upstream, Industry Chain and Downstream Customers Analysis
12 Opportunities & Challenges, Threat and Affecting Factors
13 Key Findings
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